Chinese smartphone maker Xiaomi Corp reported a 4% revenue drop in the second quarter, tracking a shrinkage in China's handset market, but said its move into making electric vehicles was running ahead of schedule. Sales dropped to 67.4 billion yuan ($9.2 billion) from 70.17 billion in the same quarter a year earlier, beating analysts' estimates of 65.13 billion.from Auto News: Upcoming Cars and Bikes, New Launches, Price and Reviews | Times of India https://ift.tt/sR3lByn
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